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Budget hotel is the lowest category of hotel that provides the rooms and meals at cheap cost. Budget hotel offers the facilities which required to fulfilling basic requirements such as daily room service, telephone, television, air conditioning, mineral water, broadband connection, doctor on call, pick & drop facility etc. Some budget hotels also have a multi cuisine room and mini bar.
Scope of the Report:
With the growing demand for branded budget hotel, players are investing in creating a distinct brand positioning as budget hotel providers are likely to see faster growth compared to generic travel aggregators. As per industry estimates, the inventory in the budget hotel space is expected to grow further with both new and existing players.
The global Budget Hotel market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Budget Hotel.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
This report studies the Budget Hotel market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Budget Hotel market by product type and applications/end industries.
Market Segment by Companies, this report covers
Red Roof Inn
Candlewood Suites
HotelF1
Ibis Budget Hotels
Premier Inn
Travelodge Hotels
Roots
Home Inns and Hotels Management
Holiday Inn Express Hotel
Econo Lodge Hotels
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Business Hotels
Airport Hotels
Suite Hotel
Serviced Apartments
Market Segment by Applications, can be divided into
Private
Commercial
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Budget Hotel Market Overview
1.1 Product Overview and Scope of Budget Hotel
1.2 Classification of Budget Hotel by Types
1.2.1 Global Budget Hotel Revenue Comparison by Types (2017-2023)
1.2.2 Global Budget Hotel Revenue Market Share by Types in 2017
1.2.3 Business Hotels
1.2.4 Airport Hotels
1.2.5 Suite Hotel
1.2.6 Serviced Apartments
1.3 Global Budget Hotel Market by Application
1.3.1 Global Budget Hotel Market Size and Market Share Comparison by Applications (2013-2023)
1.3.2 Private
1.3.3 Commercial
1.4 Global Budget Hotel Market by Regions
1.4.1 Global Budget Hotel Market Size (Million USD) Comparison by Regions (2013-2023)
1.4.1 North America (USA, Canada and Mexico) Budget Hotel Status and Prospect (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Budget Hotel Status and Prospect (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Budget Hotel Status and Prospect (2013-2023)
1.4.4 South America (Brazil, Argentina, Colombia) Budget Hotel Status and Prospect (2013-2023)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Budget Hotel Status and Prospect (2013-2023)
1.5 Global Market Size of Budget Hotel (2013-2023)
2 Manufacturers Profiles
2.1 Red Roof Inn
2.1.1 Business Overview
2.1.2 Budget Hotel Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Red Roof Inn Budget Hotel Revenue, Gross Margin and Market Share (2016-2017)
2.2 Candlewood Suites
2.2.1 Business Overview
2.2.2 Budget Hotel Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Candlewood Suites Budget Hotel Revenue, Gross Margin and Market Share (2016-2017)
2.3 HotelF1
2.3.1 Business Overview
2.3.2 Budget Hotel Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 HotelF1 Budget Hotel Revenue, Gross Margin and Market Share (2016-2017)
2.4 Ibis Budget Hotels
2.4.1 Business Overview
2.4.2 Budget Hotel Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Ibis Budget Hotels Budget Hotel Revenue, Gross Margin and Market Share (2016-2017)
2.5 Premier Inn
2.5.1 Business Overview
2.5.2 Budget Hotel Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Premier Inn Budget Hotel Revenue, Gross Margin and Market Share (2016-2017)
2.6 Travelodge Hotels
2.6.1 Business Overview
2.6.2 Budget Hotel Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Travelodge Hotels Budget Hotel Revenue, Gross Margin and Market Share (2016-2017)
2.7 Roots
2.7.1 Business Overview
2.7.2 Budget Hotel Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Roots Budget Hotel Revenue, Gross Margin and Market Share (2016-2017)
2.8 Home Inns and Hotels Management
2.8.1 Business Overview
2.8.2 Budget Hotel Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Home Inns and Hotels Management Budget Hotel Revenue, Gross Margin and Market Share (2016-2017)
2.9 Holiday Inn Express Hotel
2.9.1 Business Overview
2.9.2 Budget Hotel Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Holiday Inn Express Hotel Budget Hotel Revenue, Gross Margin and Market Share (2016-2017)
2.10 Econo Lodge Hotels
2.10.1 Business Overview
2.10.2 Budget Hotel Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 Econo Lodge Hotels Budget Hotel Revenue, Gross Margin and Market Share (2016-2017)
3 Global Budget Hotel Market Competition, by Players
3.1 Global Budget Hotel Revenue and Share by Players (2013-2018)
3.2 Market Concentration Rate
3.2.1 Top 5 Budget Hotel Players Market Share
3.2.2 Top 10 Budget Hotel Players Market Share
3.3 Market Competition Trend
4 Global Budget Hotel Market Size by Regions
4.1 Global Budget Hotel Revenue and Market Share by Regions
4.2 North America Budget Hotel Revenue and Growth Rate (2013-2018)
4.3 Europe Budget Hotel Revenue and Growth Rate (2013-2018)
4.4 Asia-Pacific Budget Hotel Revenue and Growth Rate (2013-2018)
4.5 South America Budget Hotel Revenue and Growth Rate (2013-2018)
4.6 Middle East and Africa Budget Hotel Revenue and Growth Rate (2013-2018)
5 North America Budget Hotel Revenue by Countries
5.1 North America Budget Hotel Revenue by Countries (2013-2018)
5.2 USA Budget Hotel Revenue and Growth Rate (2013-2018)
5.3 Canada Budget Hotel Revenue and Growth Rate (2013-2018)
5.4 Mexico Budget Hotel Revenue and Growth Rate (2013-2018)
6 Europe Budget Hotel Revenue by Countries
6.1 Europe Budget Hotel Revenue by Countries (2013-2018)
6.2 Germany Budget Hotel Revenue and Growth Rate (2013-2018)
6.3 UK Budget Hotel Revenue and Growth Rate (2013-2018)
6.4 France Budget Hotel Revenue and Growth Rate (2013-2018)
6.5 Russia Budget Hotel Revenue and Growth Rate (2013-2018)
6.6 Italy Budget Hotel Revenue and Growth Rate (2013-2018)
7 Asia-Pacific Budget Hotel Revenue by Countries
7.1 Asia-Pacific Budget Hotel Revenue by Countries (2013-2018)
7.2 China Budget Hotel Revenue and Growth Rate (2013-2018)
7.3 Japan Budget Hotel Revenue and Growth Rate (2013-2018)
7.4 Korea Budget Hotel Revenue and Growth Rate (2013-2018)
7.5 India Budget Hotel Revenue and Growth Rate (2013-2018)
7.6 Southeast Asia Budget Hotel Revenue and Growth Rate (2013-2018)
8 South America Budget Hotel Revenue by Countries
8.1 South America Budget Hotel Revenue by Countries (2013-2018)
8.2 Brazil Budget Hotel Revenue and Growth Rate (2013-2018)
8.3 Argentina Budget Hotel Revenue and Growth Rate (2013-2018)
8.4 Colombia Budget Hotel Revenue and Growth Rate (2013-2018)
9 Middle East and Africa Revenue Budget Hotel by Countries
9.1 Middle East and Africa Budget Hotel Revenue by Countries (2013-2018)
9.2 Saudi Arabia Budget Hotel Revenue and Growth Rate (2013-2018)
9.3 UAE Budget Hotel Revenue and Growth Rate (2013-2018)
9.4 Egypt Budget Hotel Revenue and Growth Rate (2013-2018)
9.5 Nigeria Budget Hotel Revenue and Growth Rate (2013-2018)
9.6 South Africa Budget Hotel Revenue and Growth Rate (2013-2018)
10 Global Budget Hotel Market Segment by Type
10.1 Global Budget Hotel Revenue and Market Share by Type (2013-2018)
10.2 Global Budget Hotel Market Forecast by Type (2018-2023)
10.3 Business Hotels Revenue Growth Rate (2013-2023)
10.4 Airport Hotels Revenue Growth Rate (2013-2023)
10.5 Suite Hotel Revenue Growth Rate (2013-2023)
10.6 Serviced Apartments Revenue Growth Rate (2013-2023)
11 Global Budget Hotel Market Segment by Application
11.1 Global Budget Hotel Revenue Market Share by Application (2013-2018)
11.2 Budget Hotel Market Forecast by Application (2018-2023)
11.3 Private Revenue Growth (2013-2018)
11.4 Commercial Revenue Growth (2013-2018)
12 Global Budget Hotel Market Size Forecast (2018-2023)
12.1 Global Budget Hotel Market Size Forecast (2018-2023)
12.2 Global Budget Hotel Market Forecast by Regions (2018-2023)
12.3 North America Budget Hotel Revenue Market Forecast (2018-2023)
12.4 Europe Budget Hotel Revenue Market Forecast (2018-2023)
12.5 Asia-Pacific Budget Hotel Revenue Market Forecast (2018-2023)
12.6 South America Budget Hotel Revenue Market Forecast (2018-2023)
12.7 Middle East and Africa Budget Hotel Revenue Market Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
List of Tables and Figures
Figure Budget Hotel Picture
Table Product Specifications of Budget Hotel
Table Global Budget Hotel and Revenue (Million USD) Market Split by Product Type
Figur
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